Roundhill Daily 2X Long Magnificent Seven ETF (MAGX): ETF
ETF traded on BATS under symbol MAGX. Quoted in usd.
Roundhill Daily 2X Long Magnificent Seven ETF
The Roundhill Daily 2X Long Magnificent Seven ETF, or "the Fund," is engineered to achieve daily investment results that are twice (2X) the performance of the Roundhill Magnificent Seven ETF (the "Magnificent Seven ETF"), prior to accounting for fees and expenses. Critically, this objective is designed to be met only within a single trading day. As a result, the Fund presents a higher risk profile compared to non-leveraged alternatives, given its strategy to amplify daily market fluctuations. For holding periods extending beyond a single day, the Fund's overall returns will be determined by the cumulative effect of its daily compounded performance. It is highly probable that its performance over such extended intervals will diverge significantly from a straightforward two-fold return of the Magnificent Seven ETF's performance, even before factoring in expenses and charges.
Largest holdings
- ROUNDHILL MAGNIFICENT SEVEN SWAP168.68%
- 912797VA2 United States Treasury Bill 12/03/202656.90%
- MAGS Roundhill Magnificent Seven ETF31.71%
- FGXXX First American Government Obligations Fund 12/01/20316.80%
- Cash & Other-164.09%
30d
55.21K
60d
48.23K
90d
45.16K